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Meadow Lane, Runwell, Wickford, Essex, SS11 - Image 1
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Meadow Lane, Runwell, Wickford, Essex, SS11 - Image 3
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Meadow Lane, Runwell, Wickford, Essex, SS11

East of England

£450,000
Listed on 12/03/2026

Property Details

Bedrooms
3
Type
Detached house
Area
1349 sqft

Description

This spacious three-bedroom detached bungalow is set on an impressive plot of approximately 1.45 acres, offering remarkable potential for renovation or redevelopment, subject to planning permissions. The property features a detached double garage measuring 21'4 x 19'7 and boasts a substantial living space with a lounge (22'7 x 12'1), dining room (17'8 x 11'1), and a kitchen breakfast room (15'6 x 12') along with a generous utility area. While the home requires general modernisation, its location in Runwell is advantageous, being within walking distance to Wickford mainline railway station and local amenities, making it an ideal prospect for investors or those looking to create their dream home.

Investment Analysis

(SS11 area)

Below Market Value

This property is priced -16.9% below area average per sq ft

-16.9%
Potential saving
This Property
£334/sq ft
Area Average
£402/sq ft

Renovation Potential

Medium Refurb
Est. Renovation Cost
£30,000 - £60,000
Target Value
£595,786
10% above area average per sq ft
Potential ROI
+16.8%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
18
Average per month
Market Turnover
38%
Properties sold annually

Local Market Trend (SS11)

Area prices are rising by +4.5% over the last 12 months
3 year growth: -4.4%
5 year growth: +7.5%
Investment Disclaimer: Analysis based on SS11 area averages and may not reflect property-specific factors like condition, exact location, or unique features. Any renovation cost estimates provided are AI-generated and should be considered indicative only. Renovation costs vary significantly based on property condition and scope of work. Always conduct professional surveys and get multiple quotes before making investment decisions.

Location

Meadow Lane, Runwell, Wickford, Essex, SS11
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£1,623
Based on a loan of £337,500 over 30 years at 4.06% interest

These results are estimates and are only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.

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